GBPUSD - Long Opportunity

I was looking at GBPUSD on 1h on basis of HTF data and find that price has entered into the buy zone on ProTrader set up. I expect price to attempt to reach marked levels. Entry would be 1.30297 with SL at 1.29902 with a risk of around $400 a lot.

Let's see how it works out.

For the curious types, the chart is based on Fibonacci Sequence and is powered by ProTrader Script.

Trade closed: stop reached:

One of those trades where stop was hit.